Price Action Trading Report – Topping Is A Process – Not An Event

Hello Price Action Traders,

Welcome to this week’s Price Action Trading Report!

“Topping is a process, not an event”. It’s a saying that has certainly rung true when it comes to the NZDUSD recently. It’s painfully slow, but the market is gradually carving out what looks like a top.

We look at the key price action levels, trendlines and potential entry points, and also ask what that price action might have in store for us in the coming week.

All the best,

Nigel

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This update is based on my analysis on my charting package. It may differ to yours as it can be affected by time, market movements, charting packages and broker prices. I accept no liability for loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on any information in this report or analysis.